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Dec 13, 2012
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-- right here in america. that nation building program will create 27 million jobs over the next five years. adding $5.-- 5.2 million in the first year alone. 5.2 million jobs in the first year alone. or 433,000 jobs each month. can you imagine if in the spring of 2013 that we had jobs reports that were showing that we were adding 400,000 to 500,000 jobs each month? this economy would soar. unemployment would be reduced. in the first year alone to 6.2%. and in the second year to 5.6%. this added growth in the economy would return $592 billion to the treasury in increased tax receipts. so the $1.2 trillion that you invest in rebuilding this nation , that you invest in putting unemployed people back to work, returning veterans from iraq and afghanistan, will produce almost $600 billion in economic growth while we're rebuilding the infrastructure of this nation. and i will tell you we need to rebuild the infrastructure of this nation. the american society, a civil -- of civil engineers gives us a d rating for the
-- right here in america. that nation building program will create 27 million jobs over the next five years. adding $5.-- 5.2 million in the first year alone. 5.2 million jobs in the first year alone. or 433,000 jobs each month. can you imagine if in the spring of 2013 that we had jobs reports that were showing that we were adding 400,000 to 500,000 jobs each month? this economy would soar. unemployment would be reduced. in the first year alone to 6.2%. and in the second year to 5.6%. this...
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just now quite a lot of issues were touched upon by the president he said that america's new years are going to be the show in the history of russia in terms of its development like you said the president has outlined in the past five months he. has exceeded the death rate in the country for the first time and do. put in reminded that if in the year two thousand every year the. population of the current she was decreasing about around one million people that tragedy hold it now it's a p.c. . not. very fast but i still believe just raised is lower than the birth rate in the country he says that to be in a society has developed now also in the need of the people for more transparency in all spheres of life these days evident and the president has outlined that the mechanism in order to provide this transparency if you have to be developed further week and you must then work it this is also is being done in order to fight corruption which is still a very heavy problem there and he named some of the steps which are being taken right now and that is. the curbing off the rights of officials
just now quite a lot of issues were touched upon by the president he said that america's new years are going to be the show in the history of russia in terms of its development like you said the president has outlined in the past five months he. has exceeded the death rate in the country for the first time and do. put in reminded that if in the year two thousand every year the. population of the current she was decreasing about around one million people that tragedy hold it now it's a p.c. ....
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Dec 12, 2012
12/12
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say having served in the administration, there is no one in the administration who is more focused on america's long-term competitiveness, short term competitiveness, midterm competitiveness, when the president is talking about issues which are critical to him, america maintains its edges in the global economy, and all of its citizens to students to people dreaming about being the next generation of innovators, policies that helped achieve that. higher education k-12, insuring universities are still leading and citizenry is well s was sub human capital, not the best term. and achieving their dream, gene has been focused on those issues like no other. at brookings, education around the world and has written extensively about education in the united states. he is obviously enmeshed in debates on the fiscal cliff but we brought him here today to talk about long-term challenges and how we connect the dots. with that, gene sperling. [applause] >> thank you very much. it is intimidating to have already followed your panel. i like much more when you get to be the first person to mention every idea and
say having served in the administration, there is no one in the administration who is more focused on america's long-term competitiveness, short term competitiveness, midterm competitiveness, when the president is talking about issues which are critical to him, america maintains its edges in the global economy, and all of its citizens to students to people dreaming about being the next generation of innovators, policies that helped achieve that. higher education k-12, insuring universities are...
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moscow slams america's decision to recognize syria's opposition saying it puts the prospect of down at all the risk. and president putin bastid page the corrupt and says it's time for russians to seize the initiative in their country's development . hello and welcome to our table straight to our top story now north korea has successfully launched a rocket defying warnings from its neighbors and the u.s. it's a second the tenth this year after failure in april of one young says it sent a weather satellite into orbit but washington seoul and tokyo claim it's testing long range missile technology u.s. threatened fresh sanctions saying the north violated international law as it's banned from conducting ballistic missile tests by the u.n. washington called the launch highly provocative on japan wants a tough response from the u.n. security council north korea expert professor frank says the pressure on trying and has never worked so any new sanctions won't either. sanctions are of course an appropriate means to show your political dissatisfaction but in terms of being effective if they are
moscow slams america's decision to recognize syria's opposition saying it puts the prospect of down at all the risk. and president putin bastid page the corrupt and says it's time for russians to seize the initiative in their country's development . hello and welcome to our table straight to our top story now north korea has successfully launched a rocket defying warnings from its neighbors and the u.s. it's a second the tenth this year after failure in april of one young says it sent a weather...
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but there is no word from america on changing its definition says there has been overwhelming evidence terrorists by a long sight the rebels more details coming up. the other big stories of the day north korea's rocket blast so often a message of defiance gone young says it sent a weather satellite into space but it's enough to unnerve the region. and president putin vows to cage the corrupt and says it's time for russians to seize the initiative in their country's development. in a very good evening to if you just joined us money kevin i mean this is our first syria's main opposition group says the u.s. should reconsider its decision to add an al qaeda linked group to its list of terrorist organizations saying it's helping them in their fight to topple president bashar assad this is the united states becomes the latest country to openly declared support for the opposition coalition meantime there's been an explosion in the last few hours of some of the interior ministry building in the syrian capital damascus he's going to teach you can see in washington his gun hi there why is americ
but there is no word from america on changing its definition says there has been overwhelming evidence terrorists by a long sight the rebels more details coming up. the other big stories of the day north korea's rocket blast so often a message of defiance gone young says it sent a weather satellite into space but it's enough to unnerve the region. and president putin vows to cage the corrupt and says it's time for russians to seize the initiative in their country's development. in a very good...
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native to western siberia yet his main motive for the surgery had to do with how he fared in auditors in america advertised as one seventy five hours one sixty seven or one sixty eight and so on eight centimeters would have brought me right to average if i just wanted to be average for women height isn't so important you know i think girl can be short and it's not a big deal like your guy is like expected to be taller just before the operation most this matter russian girl who found he's a regional hide quite endearing yet he still want to have a day surgery adding seven more centimeters to the self-confidence she took to tell me the whole time you're crazy you're normal you're perfect. for now or should i call you so what a compliment for somebody who's used to falling short of his own expectations. from fears to tears europe is in the midst of a depression officially the latest data shows that the seventeen member eurozone will end the year in a recession its second since two thousand and eight the second and third quarter g.d.p. was below the line and the massive social unrest that swept acro
native to western siberia yet his main motive for the surgery had to do with how he fared in auditors in america advertised as one seventy five hours one sixty seven or one sixty eight and so on eight centimeters would have brought me right to average if i just wanted to be average for women height isn't so important you know i think girl can be short and it's not a big deal like your guy is like expected to be taller just before the operation most this matter russian girl who found he's a...
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Dec 12, 2012
12/12
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eog resources one of the largest and best oil companies in america. in recent years we've seen a whole host of natural gas focused firms trying become more oily. eog has succeeded that puts the rest of its peers to shame. it gets 50% of its sales from crude, up from 33% last year. eog isn't totally hostage to the price of crude. but eog reported beginning november the company raised its 2012 growth production target for oil and natural gas liquids to 3%. third increase this kreempthis . most of that thanks to eog's huge positions in the balkan and -- incredible production growth. if north america ever gets energy independence we will look back at eog as being responsible for that development. eog has given a nice 14% gain since we spoke with the ceo in may. even though it's a few point off its high i think it's pretty darn cheap. on a growth basis. with a 22% long term growth record, rates you don't usually speak of oil companies like a drug company or like a big industrial growth company but these guys are. let's talk to mark pappa chairman and ceo o
eog resources one of the largest and best oil companies in america. in recent years we've seen a whole host of natural gas focused firms trying become more oily. eog has succeeded that puts the rest of its peers to shame. it gets 50% of its sales from crude, up from 33% last year. eog isn't totally hostage to the price of crude. but eog reported beginning november the company raised its 2012 growth production target for oil and natural gas liquids to 3%. third increase this kreempthis . most of...
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Dec 12, 2012
12/12
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. >> the executives at aig, lehman brothers, bank of america, countrywide mortgage had nothing to do with this. this was all the government's fault. >> the government created the conditions where they did what they did, and if the government had kept a stable dollar you never would have needed this currency trading, default swaps and the like, so when you have a bad environment, people try to adjust to it, and the crazy things happen. in the 1970s, ail went from $3 to $40 a barrel and when we conquered the inflation and went back down, and we should do the same thing today. stable dollar, like 60 minutes an hour, thinking that changing minutes in an hour will help stimulate the economy, no. we need stability. >> gentlemen, you have very sufficiently filled eight minutes and i'm sure you could have filled 18 had we given them to you. >> two smart guys with two very different opinions. >> good to see you both. >> thanks. >> see you later. >> thanks for joining us. manpower survey shows businesses will continue to hire in the first quarter of next year with the fiscal cliff looming larg
. >> the executives at aig, lehman brothers, bank of america, countrywide mortgage had nothing to do with this. this was all the government's fault. >> the government created the conditions where they did what they did, and if the government had kept a stable dollar you never would have needed this currency trading, default swaps and the like, so when you have a bad environment, people try to adjust to it, and the crazy things happen. in the 1970s, ail went from $3 to $40 a barrel...
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Dec 12, 2012
12/12
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to everybody in america but the speaker. mr. speaker, get back to ohio and ask some of those families about whether middle-class families should pay higher taxes january 1. the answer's clear. they should not. it is within this power of the speaker john boehner to bring to the floor of the house today, today a measure that passed the senate in july, that will protect families making $250,000 a year or less. what i hear from the speaker is we won't protect middle-class families until you agree to raise the retirement age, the eligibility age for medicare. well, i have said to all who have asked, i believe in entitlement reform. i believe medicare going broke in 12 years is a serious challenge to all of us, but i am loathe to see us make a policy change in medicare in the closing days of this month that we have to live with and can't explain. here's the part you can't complain. if you increase the eligibility age from medicare to 65 to 67, what's a person to do who retires at 63 or 64 with a medical condition? where are they going
to everybody in america but the speaker. mr. speaker, get back to ohio and ask some of those families about whether middle-class families should pay higher taxes january 1. the answer's clear. they should not. it is within this power of the speaker john boehner to bring to the floor of the house today, today a measure that passed the senate in july, that will protect families making $250,000 a year or less. what i hear from the speaker is we won't protect middle-class families until you agree...
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Dec 12, 2012
12/12
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we're here for the children of america, for the grandchildren of america. i guess i have a more selfish motive. i'm here for my four children. age 6 and under. abbey, ava, anna and tucker. each of them individually currently owns a share of our national debt. at $50,000 is the current tally. within a few years that will be roughly a $70,000 per child tab that they're going to have to pay off in the future. this is simply unacceptable. this is one of the reasons so many of us ran for congress, is to solve these very issues. we can't tax our way out of this challenge. taxes alone will just not cut it. i think instead we need a balanced approach. we need to both control spending and we need to increase the rate of economic growth in this country. when i say control spending, i'm prepared to put absolutely everything on the table and have an honest dialogue with my colleagues on both sides of the aisle. and we need to increase the rate of growth so we can grow more taxpayers in this country. and one way we do that is by simplifying our mind-numbingly complicate
we're here for the children of america, for the grandchildren of america. i guess i have a more selfish motive. i'm here for my four children. age 6 and under. abbey, ava, anna and tucker. each of them individually currently owns a share of our national debt. at $50,000 is the current tally. within a few years that will be roughly a $70,000 per child tab that they're going to have to pay off in the future. this is simply unacceptable. this is one of the reasons so many of us ran for congress,...
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Dec 12, 2012
12/12
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we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a key part here. what targets are you looking at and what's funding like for purchases you want to make? >> we have a cash position of close to 400 million u.s. dollars. and we have a deficit stimulus side. basically we don't have debt. we can finance, as well. but we have cash flows. so there's no worry about the cash. >> okay. >> yeah. i was going to -- in terms of extending the brands, how do you embrace the digital arena here in things like ebooks and -- >> yes. we just started amazon.com program with mr. man and little miss. it's really since jettic. especially the small kids
we have central and south america and all of asia including china. there's so many opportunities to grow hello kitty as well, too. if we want to double our company's size, we need more. >> that's your goal. what's the time frame for accomplishing that? >> we're looking for something like five years. in these five years we have increased our market cap for five times larger. and what we want to do is to continue that. 20% to 30% growth. >> and acquisitions as you say will be a...
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Dec 12, 2012
12/12
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we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational increase in something like a carbon tax, yes. >> what would that look like? >> by the way, we may not need it anymore. i don't want to get into policy like that. it's far more complicated than saying how you should do it. the real issue, i haven't looked at it for a long time, is regional. it costs a lot more to heat your home in michigan than it does in north dakota, because there's more coal in north dakota. hydroelectric is cheaper in maine. how do you do it that's fair to americans. you pay so much for energy and they pay a lot less elsewhere. how do you do it so it's fair. it's complex, but i think it can be done. >> housing policy. this is a piece of potentially a grand bargain. if we reduce the mortgage deduction, what happens? >> well, you say reduce it. first of all, i think it's already limited to $1 million, there's a cap on what you can deduct. it depends on how
we need to have rational policy and do what's right for america. it can be done cleanly. >> would you prefer a carbon tax? >> i would be for eventually over time have a rational increase in something like a carbon tax, yes. >> what would that look like? >> by the way, we may not need it anymore. i don't want to get into policy like that. it's far more complicated than saying how you should do it. the real issue, i haven't looked at it for a long time, is regional. it...
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Dec 12, 2012
12/12
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KGO
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more places in america to buy guns than to get gas, groceries or a big mac at mcdonald's. on top of that, almost 48,000 people in america were murdered with guns between 2006 and 2010. that's a lot of numbers. listen to this one. according to the atf, in 2010, there were 5.4 million new firearms manufactured in the u.s. nearly all for the u.s. market and this year 3.2 million were imported to the u.s., nearly 8.5 million new firearms on the streets of america in one year. think about that. >> and if you think about how many people were denied, 16.4 million background checks you mentioned last year, and just 0.48% denied. so it's just a matter of whether or not what side of the aisle you stand on in terms of gown control. just keeping it out of the wrong hands. there's a lot of people that are responsible gun owners. >> the other side is the gun lobby in this country is very powerful. and neither side has the political will to tackle an issue despite all these massacres. we see the news. we get outraged for a day and it goes back to normal until the next time. that's -- thi
more places in america to buy guns than to get gas, groceries or a big mac at mcdonald's. on top of that, almost 48,000 people in america were murdered with guns between 2006 and 2010. that's a lot of numbers. listen to this one. according to the atf, in 2010, there were 5.4 million new firearms manufactured in the u.s. nearly all for the u.s. market and this year 3.2 million were imported to the u.s., nearly 8.5 million new firearms on the streets of america in one year. think about that....
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Dec 12, 2012
12/12
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whatever the message to america was, didn't work. how are you going -- how is the political system going to grapple with the huge things that you're talking about if nobody is prepared in a majority to vote for it? >> it's a great question. of course, you can have whatever political view you want. you can even have opinions about economics. you cannot have opinions about math. so if we want a very large entitlement state, every american will have to pay much larger taxes. where i think there's the seed of a political compromise is say, let's actually strengthen social security and strengthen medicare, but for people who really need those programs. and then slow down the rate of growth for everybody else. we ought to be able to agree on that right and left. >> glenn, great to see you. or apologies for the set snafu there. >> don't worry. good to be with you. >> glenn hubbard. >> good to be with you. >> lloyd blankfein will speak live here from new york. we'll bring it to you as it happens. that should be just after 11:00 eastern exclu
whatever the message to america was, didn't work. how are you going -- how is the political system going to grapple with the huge things that you're talking about if nobody is prepared in a majority to vote for it? >> it's a great question. of course, you can have whatever political view you want. you can even have opinions about economics. you cannot have opinions about math. so if we want a very large entitlement state, every american will have to pay much larger taxes. where i think...